What does the Legal Note mean in Division 7A Loan Agreement?

By non-related persons, it means individuals who are not a party to the deed/document. Witness to documents should always be independent. For e.g., it could be neighbours or colleagues who do not have a vested interest in the documents.

Please be advised this is general information only, and is not to be taken as legal advice. If you would like more information, or have a legal query, please contact Abbott & Mourly directly.
Reviewed: 17/01/2024